VanEck Vectors Global Alternative Energy ETF

Published : February 29th, 2008

Drills 64 Metres of 0.47% Nickel

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Trading Symbol: TSX.V-HNC

 

Hard Creek drills 64 metres of 0.47% Nickel

(Vancouver, British Columbia) � Hard Creek Nickel Corporation  is pleased to provide analytical results for the final 31 diamond drill holes, totaling 10,445 metres (34,268 feet) from the 75 hole, 2007 drilling program, at its 100% owned Turnagain Project, located 70km (43.5 miles) east of Dease Lake in British Columbia.  Results for all 75 of the drill holes have now been released.

The majority of the holes reported below were designed as infill holes to demonstrate continuity of the sulphide mineralization in the Horsetrail-Northwest Deposit.   Six widely spaced holes also tested the outer limits of the known mineralization.  Two deeper holes, 07-201 and 07-225 were drilled from the north side of the Horsetrail Deposit to test for depth extensions to the known mineralization.  One hole, 07-206, was drilled beneath the original Discovery showing and two holes, 07-168 and 07-203, tested the southern side of the Duffy Zone.  The majority of the drill holes were NQ-size core.   Included in the 31 reported holes are five PQ-size holes, for 413m (1,355 feet), drilled to collect large core for crushing and grinding tests; not all this core was submitted for analyses.  Drill hole locations can be viewed on a plan map at www.hardcreeknickel.com/plan.htm.

The mineralized holes intersected significant widths of intercumulus pyrrhotite-pentlandite, hosted by variably serpentinized wehrlite and dunite, and demonstrate continuity of mineralization between previous intercepts.  Holes in both the central and western portions of the Horsetrail-Northwest Deposit intercepted greater than 100m (330 feet) intervals of better than average nickel grades.

Hole 07-227 intersected 152m (500 feet) averaging 0.36% Ni starting at a depth of 12m and included a 64m long interval of 0.47% Ni.  Adjacent hole 05-106 intersected a 235.9m (775 feet) long interval, from surface, averaging 0.30% Ni and included a 53m long interval averaging 0.46% Ni (see Dec. 13, 2005 news release).  Hole 07-215, drilled near the centre of the Horsetrail deposit, intersected a 184m (604 feet) long interval that started near surface from a depth of 8m, and averaged 0.30% Ni. Two other holes, collared in the eastern portion of the Horsetrail deposit encountered significant nickel grades; hole 07-246 intersected 48m (157 feet) averaging 0.35% Ni, including a 20m (66 feet) interval averaging 0.48% Ni and hole 07-248, drilled 76m away from 07-246 on the same north-south section, intersected 48m (157 feet) averaging 0.33% Ni.  These reported holes, all located in the core of the Horsetrail Deposit, have tested a 420m (1,380 feet) strike length of higher grade near-surface nickel mineralization, with excellent continuity.  These results support the company's concept of a higher grade starter pit in the Horsetrail Deposit.

In the northwestern portion of the Horsetrail-Northwest Deposit, hole 07-204 intersected a 112m (367 feet) long interval averaging 0.30% Ni and hole 07-219 intersected 212m (696 feet) averaging 0.28% Ni that included a 96m (315 feet) interval averaging 0.30% Ni.

Hole #

 

From (m)

To (m)

Length (m)

Ni %

Co %

07-103

 

237

277

40

0.25

0.012

 

 

 

 

 

 

 

07-168

No significant results

 

 

 

 

07-188

Abandoned in overburden

 

 

 

 

07-193

Abandoned in overburden

 

 

 

 

 

 

 

 

 

 

 

07-201

 

56

124

68

0.23

0.014

 

 

156

184

28

0.23

0.013

 

 

204

228

24

0.25

0.016

 

 

328

368

40

0.23

0.013

 

 

572

604

32

0.22

0.014

 

 

 

 

 

 

 

07-203

No significant results

 

 

 

 

 

 

 

 

 

 

 

07-204

 

80

104

24

0.32

0.018

 

 

192

208

16

0.32

0.017

 

 

236

268

32

0.24

0.014

 

 

380

492

112

0.30

0.017

 

 

 

 

 

 

 

07-206

 

40

84

44

0.32

0.015

 

 

244

268

24

0.22

0.013

 

 

 

 

 

 

 

07-208M

 

20

44

24

0.27

0.012

 

 

 

 

 

 

 

07-212M

 

120

137.1 EOH

17.1

0.24

0.014

 

 

 

 

 

 

 

07-213M

 

7.9

48

40.1

0.34

0.020

 

 

 

 

 

 

 

07-215

 

8

192

184

0.30

0.017

 

 

248

316

68

0.23

0.017

 

 

 

 

 

 

 

07-217

 

144

164

20

0.31

0.014

 

 

272

348

76

0.24

0.013

 

 

 

 

 

 

 

07-218

 

44

68

24

0.25

0.021

 

 

312

384

72

0.24

0.013

 

 

 

 

 

 

 

07-219

 

128

180

52

0.27

0.016

 

 

208

420

212

0.28

0.015

 

incl.

308

404

96

0.30

0.017

 

 

 

 

 

 

 

07-220M

Not sampled 

 

 

 

 

 

 

 

 

 

 

 

07-221

 

20

116

96

0.24

0.017

 

 

156

300

144

0.24

0.013

 

incl.

276

300

24

0.31

0.017

 

 

 

 

 

 

 

07-222

 

14

64

50

0.23

0.013

 

 

200

396

196

0.25

0.014

 

incl.

208

244

36

0.33

0.014

 

 

 

 

 

 

 

07-223

 

84

108

24

0.23

0.016

 

 

236

252

16

0.22

0.017

 

 

276

292

16

0.21

0.012

 

 

300

380

80

0.27

0.015

 

 

 

 

 

 

 

07-224M

Not sampled

 

 

 

 

 

 

 

 

 

 

 

07-225

 

20

32

12

0.22

0.018

 

 

92

104

12

0.22

0.012

 

 

128

176

48

0.24

0.016

 

 

224

244

20

0.21

0.013

 

 

576

592

16

0.22

0.015

 

 

 

 

 

 

 

07-226

 

20

32

12

0.22

0.015

 

 

60

80

20

0.21

0.012

 

 

 

 

 

 

 

07-227

 

12

164

152

0.36

0.019

 

incl.

96

160

64

0.47

0.025

 

 

200

228

28

0.23

0.014

 

 

 

 

 

 

 

07-228

 

9.2

24

14.8

0.28

0.015

 

 

48

84

36

0.26

0.015

 

 

248

264

16

0.24

0.011

 

 

 

 

 

 

 

07-229

 

16

60

44

0.29

0.012

 

 

92

144

52

0.21

0.019

 

 

 

 

 

 

 

07-241

 

72

84

12

0.25

0.014

 

 

148

320

172

0.27

0.015

 

incl.

148

180

32

0.32

0.016

 

 

 

 

 

 

 

07-242

 

100

140

40

0.26

0.012

 

 

256

284

28

0.27

0.014

 

 

 

 

 

 

 

07-243

 

68

84

16

0.39

0.019

 

 

120

128

8

0.71

0.024

 

 

 

 

 

 

 

07-244

 

96

168

72

0.26

0.016

 

incl.

112

132

20

0.30

0.013

 

 

228

244

16

0.22

0.014

 

 

 

 

 

 

 

07-245

No significant results

 

 

 

 

 

 

 

 

 

 

 

07-246

 

40

88

48

0.25

0.012

 

 

136

184

48

0.35

0.020

 

incl.

148

168

20

0.48

0.024

 

 

289

345

56

0.31

0.015

 

 

 

 

 

 

 

07-247

No significant results

 

 

 

 

 

 

 

 

 

 

 

07-248

 

9

28

19

0.23

0.012

 

 

48

96

48

0.33

0.014

 

 

180

336

156

0.28

0.018

 

incl.

268

292

24

0.35

0.015

Results for the reported drill holes in the Horsetrail-Northwest Deposit will be included in an updated resource estimate to be completed shortly by AMEC Americas Limited.

True widths of mineralization have been estimated to be approximately 80 percent of reported core intervals in the Horsetrail area.  Samples for analysis were generally 4m in length of split NQ-size core.  Reference pulps with known nickel, copper, platinum and palladium values were inserted every 25 core samples and rock blanks inserted every 30 samples to monitor laboratory performance as part of the QC/QA program.

Total nickel, copper and cobalt values were determined by ICP emission spectrometry following four-acid digestion of a representative pulp sample.  Platinum and palladium values were determined by ICP emission spectrometry following lead-collection fire assay fusion of a 30 gram pulp. All analytical work was conducted by Acme Analytical Laboratories Ltd., an ISO 9001 registered facility, located in Vancouver.  IPL, an ISO 9001 registered facility, also located in Vancouver, is carrying out check analyses on ten percent of the samples.

The Turnagain Nickel Project resource in the Horsetrail-Northwest deposit has been recently estimated (see December 10, 2007 News Release for details) with the measured and indicated resource estimated at 489 million tonnes grading 0.22% total nickel (0.16% nickel in sulfides) and 0.012% cobalt and an additional inferred resource of 560 million tonnes grading 0.20% total nickel (0.15% nickel in sulfides) and 0.011% cobalt.

Mineral resources that are not mineral reserves do not have demonstrated economic viability.

This news release has been reviewed and approved by Neil Froc, P.Eng., a qualified person consistent with NI 43-101.

On behalf of the Board of Directors of Hard Creek Nickel Corporation

�Mark Jarvis�

MARK JARVIS, President

The TSX Venture Exchange does not accept responsibility for the accuracy or adequacy of this news release.

 

VanEck Vectors Global Alternative Energy ETF

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CODE : HNC.TO
ISIN : CA4116371010
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Hard Creek is a nickel exploration company based in Canada.

Hard Creek develops nickel and cobalt in Canada, and holds various exploration projects in Canada.

Its main asset in development is TURNAGAIN in Canada.

Hard Creek is listed in Canada, in Germany and in United States of America. Its market capitalisation is 948 844 as of today (US$ 840 960, € 659 145).

Its stock quote reached its highest recent level on January 11, 2008 at 0.98, and its lowest recent point on October 17, 2014 at 0.02.

Hard Creek has 47 442 200 shares outstanding.

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Financings of VanEck Vectors Global Alternative Energy ETF
10/22/2012Announces Non Brokered Private Placement
3/15/2012Completes Non Brokered Private Placement
3/2/2012Completes Second Tranche of Non Brokered Private Placement
1/24/2012Amends Non Brokered Private Placement
1/9/2012Announces Non Brokered Private Placement
4/3/2008Private Placement Warrants Extended
10/30/2007Exercised Warrants
Option Grants of VanEck Vectors Global Alternative Energy ETF
2/17/2011Grants 100,000 stock options to Corporate Communications Con...
1/27/2011925.000 stock options granted at $0.50
10/19/2009Stock Options Granted
7/4/2008Stock Options Granted
4/1/2008Stock Options Granted
Nominations of VanEck Vectors Global Alternative Energy ETF
2/17/2011Appoints Corporate Communications Consultant for Germany
10/31/2007 Appoints Ed Beswick as Environmental Director
Project news of VanEck Vectors Global Alternative Energy ETF
12/5/2011oration: 2011 Preliminary Economic Assessment Filed on SEDAR
2/24/2011(Turnagain).: Environmental Approval for Northwest Transmission Line
2/9/2011(Turnagain) Metallurgical Report Confirms Significantly Improved Flotat...
1/14/2008(Turnagain) Drilling Expands on Platinum & Palladium Discoveries
12/10/2007(Turnagain) Preliminary Assessment Shows Potential 29 Year Mine Life
11/28/2007(Turnagain)Drills 0.70% nickel with 0.48 g/t Pt+Pd over 8.0 metres
11/14/2007(Turnagain) Turnagain Project Update
9/25/2007(Turnagain)drills 120 metres of 0.33% nickel
8/13/2007(Turnagain)drills 292 metres of 0.28% nickel
7/25/2007(Turnagain)Third Drill Rig Arrives at Hard Creek Nickel Property
Corporate news of VanEck Vectors Global Alternative Energy ETF
6/17/2013oration: Report of Voting Results
1/4/2013oration: Stock Options Granted
7/3/2012oration: Report of Voting Results
6/1/2012oration: Amended and Restated March 31, 2012 Financials
7/7/2011oration; Correction to June 30th, 2011 News Release: Amended...
6/30/2011oration: Amended and Restated March 31, 2011 Financials
6/13/2011Adjourns AGM to July 6, 2011
5/11/2011Former Diamond Fields President Joins Hard Creek Board
4/14/2011Airing on BTV April 16 and 17th, 2011
4/7/2011oration: Metallurgical Tests for Cliff Zone Show Significant...
3/23/2011oration: Stock Options Granted
3/16/2011oration: Metallurgical Regime Robust for Average Turnagain N...
9/21/2009Northern Miner: B.C. to Build $400M Transmission Line
9/18/2009Vancouver Sun: B.C. Will Build $404M Power Line
9/16/2009NORTHWEST TRANSMISSION LINE NEWS
1/26/2009President's Letter to Shareholders - January 2009
4/18/2008Northwest Power Line Preliminary Findings Released
3/31/2008Northwest Power Line Study to Dease Lake Announced
3/26/2008 funds Carbon Sequestration Research
2/29/2008 Drills 64 Metres of 0.47% Nickel
2/12/2008President's Letter to Shareholders
12/19/200720 metres of 0.24% Ni and 0.60 g/t Pt + Pd intersected in ne...
8/23/2007Files Reports in U.S.
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